Search results for: Virginia Port

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  • 7 January 2016

    The Virginia Port Authority has signed a Memorandum of Understanding (MOU) with the Cuban National Port Authority to evaluate commercial opportunities between the Port of Virginia and Cuba’s newly opened Port of Mariel Special Development Project.  The MOU establishes a platform for cooperation and information sharing aimed at developing links between Cuba and Virginia to […]

  • 29 January 2020
    Ports & Logistics

    Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.

  • 22 August 2014

    In July, Virginia Port’s TEU volume was 207,771 units, surpassing the monthly record set last October by 1,174 TEUs. The port’s revenues were USD 37.9 million, and its operating income was USD 1.98 million, increases of 21.5 percent and 6 percent, respectively, when compared with last year. “This is a solid start to our new fiscal year […]

  • 5 November 2015
    Business & Finance

    The Port of Virginia, one of the few deep water ports on the East Coast, is entering into a period of historic capital investment and infrastructure expansion. In order to attract companies specializing in the construction, engineering and architectural trades, the port will today, November 5th 2015, hold a “Construction Contractors’ Open House” at the Half Moone […]

  • 29 January 2020
    Ports & Logistics

    Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.

  • 21 April 2014
    Business & Finance

    Governor Terry McAuliffe has appointed five new members to the Virginia Port Authority’s Board of Commissioners and asked the incoming members to act swiftly to improve The Port of Virginia’s fiscal management and return it to profitability. “The Port of Virginia is one of the Commonwealth’s most important economic assets, and improving its performance is […]

  • 26 October 2018
    Business & Finance

    The Port of Virginia’s Wider, Deeper, Safer project to deepen and widen the Norfolk Harbor’s commercial shipping channels has secured full federal authorization with this week’s approval by the President of the America’s Water Infrastructure Act of 2018. “The project’s inclusion in the bill clears the path for The Port of Virginia to become the […]

  • 26 March 2014
    Business & Finance

    The Port of Virginia and many of its users stand to benefit from a modification to the regional foreign trade zone that streamlines process for companies applying for FTZ status. “This is a very real tool that can be used to attract business to The Port of Virginia, Hampton Roads and the Commonwealth,” said John […]

  • 29 January 2018
    Business & Finance

    The effort to make the Norfolk Harbor wider, deeper and safer took a significant step forward last Friday as the plan outlining the project’s national economic benefits was approved by U.S. Army Corps of Engineers to take its next step forward. “This is an infrastructure project that holds value for Virginia, the national economy and […]

  • 22 August 2017
    Business & Finance

    The Port of Virginia has signed a contract allowing for the purchase of four new ship-to-shore cranes that are part of the USD 320 million expansion of Virginia International Gateway (VIG). In its July meeting, the Virginia Port Authority Board of Commissioners approved a spending package of USD 44.8 million that covers the cost of […]

  • 17 October 2014
    Business & Finance

    The Port of Virginia exceeded 200,000 total TEU cargo volume for a third consecutive month despite worsening congestion issues at its truck terminals Virginia International Gateway (VIG) and Norfolk International Terminals (NIT). The port moved 76,782 containers by truck in September, which is 13,359 more than what was handled last September.  “As a result, we’re experiencing […]

  • 3 November 2015
    Business & Finance

    The Virginia Port Authority (VPA), based in Norfolk, US, handled 215,520 TEUs (twenty-foot equivalent units) in September, an increase of 7.2 percent compared with the same month last year. With this, VPA marked the seventh consecutive month of TEU volumes exceeding 210,000 units. In the first quarter of fiscal year 2016, The Port of Virginia’s cargo […]

  • 15 September 2015
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers and the Virginia Port Authority announced the initiation of the Norfolk Harbor and Channels Deepening Project General Reevaluation Study on September 12. The Corps and its project partner, VPA, are now inviting the public to attend a National Environmental Policy Act, or NEPA, scoping meeting on September 24, from […]

  • 12 February 2015

    191,996 TEUs moved across the U.S. Port of Virginia in January, making it the highest-volume January on record and besting last year’s mark by 24,725 TEUs. The port posted a 22 percent gain in rail containers; a 17 percent jump in barge cargo; and truck volume was up 12 percent. John F. Reinhart, CEO and […]

  • 13 March 2006

    Virginia Port Authority officials said that Maersk, the world

  • 15 September 2014
    Business & Finance

    The Port of Virginia has marked an important milestone as Portsmouth Marine Terminal (PMT), closed for nearly three years, reopens to cargo operations. At 8 a.m. local time on Monday, September 15 the terminal will begin receiving trucks carrying containers for export. “Sustained growth in our container business necessitates PMT’s return to service and is a sign […]

  • 18 November 2016

    US Port of Virginia handled a total of 238,567 TEUs in October, making it the single-busiest month in the port’s history despite the challenges presented by Hurricane Matthew. The port recorded a 2.2 percent increase in its TEU volumes this October, compared to 233,466 TEUs seen in the same month last year. In comparison with […]

  • 26 June 2010
    Business & Finance

    APM Terminals, the independent port operating division of the A.P. Moller Maersk Group, and the Virginia Port Authority today each… [mappress] Source: apmterminals, June 26, 2010

  • 12 April 2010

    GALVESTON — A year ago, something happened at the Virginia Port Authority that sent ripples across waterfronts everywhere… [mappress] Source:galvestondailynews,April 12,2010;

  • 24 July 2018
    Business & Finance

    The heavy-load vessel Happy Buccaneer was on berth yesterday at Norfolk International  Terminals (NIT) with the first group of six rail-mounted gantry cranes (RMGs) that are the  centerpieces of the $375 million capacity expansion project, the Virginia Port Authority (VPA) said in its latest release. The Happy Buccaneer’s arrival signals the start of an 18-month […]

  • 23 September 2011

      Virginia Port Authority’s top-to-bottom shake-up will leave no stone unturned in its quest to make the port more competitive on the US East… (PortStrategy) [mappress] Source: PortStrategy, September 23, 2011;

  • 23 September 2011

    Virginia Port Authority’s top-to-bottom shake-up will leave no stone unturned in its quest to make the port more competitive on the US East Coast (portstrategy) [mappress] Source: portstrategy, September 23, 2011